Friday, April 23, 2010

This is good for people to be on the look out for to help avoid problems. "IRS: Tax Preparer Wrongly Claimed Madoff-Like Losses" A professional who is being investigated for false tax refunds based on Ponzi Scheme losses.Read full story here: http://www.forbes.com

Thursday, April 22, 2010

There are several new bills in Congress right now that will give tax breaks to a very special class of Ponzi Scheme victims that would not otherwise have tax breaks. That is, that in the House and in the Senate there is legislation to permit Ponzi Scheme victims who have lost money in IRAs and other tax exempt plans to still claim tax deductions even though there is no loss of taxable income.

Richard S. Lehman, with a Masters in Tax Law from New York University Law School, with four years of U.S. Tax Court and Internal Revenue Service experience in Washington D.C.

With over 35 years as a tax lawyer in Florida he has built a boutique tax law firm with a national reputation for being able to handle the toughest tax cases, structure the most sophisticated income tax and estate tax plans, and defend clients before the Internal Revenue Service.

The firm regularly works with law firms, accountants, businesses and individuals struggling to find their way through the complexities of the tax law. In short, the firm is a valuable resource to each of these audiences.